Irvine, CA -- (January 17, 2013) - Cylance, Inc., a stealth security products and services company dedicated to solving large and complex security challenges, today announced the acquisition of SpearPoint Security Services, a recognized leader in conducting industrial control systems (ICS) security assessments, training, red teaming, design review and discovery technology. The San Jose, California-based company and its founders Billy Rios and Terry McCorkle, will join Cylance's efforts to secure the world's most critical infrastructures.
SpearPoint will be integrated into Cylance's services and research teams to enhance its own PresponseSM service line which includes assessment and discovery capabilities. With Cylance's active discovery technology, customers can assess ICS technology and determine the points of threat exposure. Much of the world's critical infrastructure runs on industrial control systems, and the security of these systems is largely dependent on air-gapped network architectures that are often flawed. With the acquisition of SpearPoint, Cylance's services and technology will now perform automated and continuous discovery of these systems – proactively.
"We have a moral obligation to secure the world's most sensitive networks and systems," said Billy Rios, Co-Founder and CEO of SpearPoint. "Cylance was the clear next step for us."
Terry McCorkle, Co-Founder and CTO of SpearPoint added, "The companies that manufacture, deploy and manage these systems care about security, but they often do not have the expertise and training to do much about it. Cylance will educate those in need and empower them to secure their sensitive networks."
Additionally, Cylance is announcing two new members of its team. Eric Cornelius is the former Deputy Director and Chief Technical Analyst for the Control Systems Security Program at the Department of Homeland Security. He joins the team as Director of Critical Infrastructure/ICS, bringing a wealth of ICS knowledge to Cylance, having written the book on incident response for the market.
"Eric's extensive knowledge of critical infrastructure and those who attack it will be brought to bear at Cylance, as he leads our team of experts in securing the world's critical systems," said Stuart McClure, CEO/President of Cylance, Inc.
"I'm tremendously excited to be a part of such a talented and motivated team working on some of the world's most interesting and important problems," said Eric Cornelius, Director of Critical Infrastructure/ICS of Cylance, Inc.
Cylance has also brought on Glenn Chisholm, former CISO of Telstra, Australia's largest telecommunications provider, to serve as Cylance's Vice President of Products and CSO. Glenn also has extensive expertise in the world of critical infrastructure. At Telstra, he was under constant attack and was responsible for protecting the organization and its customers against all threat vectors and actors.
"We were a constant target at Telstra, where we deployed thousands of critical infrastructure systems around the globe to provide service to our customers," said Glenn Chisholm, VP of Products and CSO of Cylance, Inc. "I'm all too familiar with the current cybersecurity issues that plague global organizations and consumers, and the need for a fundamental shift in order to protect from these constant threats."
"With this company and talent acquisition, Cylance is one step closer to realizing our mission to secure the world," said McClure, former Global CTO of McAfee and original lead-author of "Hacking Exposed." "We see and feel the pain of our customers every day, and we are assembling a team beyond reproach to definitively empower them to stop the bad guys."
About Cylance® Inc.
Cylance is the only company to offer a preventive cybersecurity solution that stops advanced threats and malware at the most vulnerable point: the endpoint. Applying a revolutionary artificial intelligence approach, the Cylance endpoint security solution, CylancePROTECT®, analyzes the DNA of code prior to its execution on the endpoint to find and prevent threats others can’t, while using a fraction of the system resources associated with endpoint antivirus and detect and respond solutions that are deployed in enterprises today. For more information visit: www.cylance.com
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